Per capita income

Per capita income or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population.

As a measure of prosperity

Per capita income is total resources/total population.

Per capita income is often used to measure an area's average income. This is used to compare the wealth of one population with those of others. Per capita income is often used to measure a country's standard of living. It is usually expressed in terms of a commonly used international currency such as the euro or United States dollar, and is useful because it is widely known, is easily calculable from readily available gross domestic product (GDP) and population estimates, and produces a useful statistic for comparison of wealth between sovereign territories. This helps to ascertain a country's development status. It is one of the three measures for calculating the Human Development Index of a country.

Per capita

Per capita is a Latin prepositional phrase: per (preposition, taking the accusative case, meaning “by, by means of”) and capita (accusative plural of the noun caput, “head”). The phrase thus means “by heads” or “for each head”, i.e., per individual/person. The term is used in a wide variety of social sciences and statistical research contexts, including government statistics, economic indicators, and built environment studies.

It is commonly and usually used in the field of statistics in place of saying “for each person” or “per person”. It is also used in wills to indicate that each of the named beneficiaries should receive, by devise or bequest, equal shares of the estate. This is in contrast to a per stirpes division, in which each branch (Latin stirps, plural stirpes) of the inheriting family inherits an equal share of the estate.

See also

References

Saudi Arabia

Saudi Arabia (ⁱ/ˌsɔːdiː əˈreɪbiə/, ⁱ/ˌsaʊ-/), officially known as the Kingdom of Saudi Arabia (KSA), is an Arab state in Western Asia constituting the bulk of the Arabian Peninsula. With a land area of approximately 2,150,000 km² (830,000 sq mi), Saudi Arabia is geographically the second-largest state in the Arab world after Algeria. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south. It is the only nation with both a Red Sea coast and a Persian Gulf coast, and most of its terrain consists of arid inhospitable desert or barren landforms.

The area of modern-day Saudi Arabia formerly consisted of four distinct regions: Hejaz, Najd, and parts of Eastern Arabia (Al-Ahsa) and Southern Arabia ('Asir). The Kingdom of Saudi Arabia was founded in 1932 by Ibn Saud. He united the four regions into a single state through a series of conquests beginning in 1902 with the capture of Riyadh, the ancestral home of his family, the House of Saud. The country has since been an absolute monarchy, effectively a hereditary dictatorship governed along Islamic lines. The ultra-conservative Wahhabism religious movement within Sunni Islam has been called "the predominant feature of Saudi culture", with its global spreading largely financed by the oil and gas trade. Saudi Arabia is sometimes called "the Land of the Two Holy Mosques" in reference to Al-Masjid al-Haram (in Mecca), and Al-Masjid an-Nabawi (in Medina), the two holiest places in Islam. The Kingdom has a total population of 28.7 million, of which 20 million are Saudi nationals and 8 million are foreigners.

World

World is a common name for the whole of human civilization, specifically human experience, history, or the human condition in general, worldwide, i.e. anywhere on Earth or pertaining to anywhere on Earth.

In a philosophical context it may refer to:

In a theological context, world usually refers to the material or the profane sphere, as opposed to the celestial, spiritual, transcendent or sacred. The "end of the world" refers to scenarios of the final end of human history, often in religious contexts.

World history is commonly understood as spanning the major geopolitical developments of about five millennia, from the first civilizations to the present.

World population is the sum of all human populations at any time; similarly, world economy is the sum of the economies of all societies (all countries), especially in the context of globalization. Terms like world championship, gross world product, world flags etc. also imply the sum or combination of all current-day sovereign states.

East India

East India is a region of India consisting of the Indian states of West Bengal,Bihar,Jharkhand, Odisha and also the union territory Andaman and Nicobar Islands. West Bengal's capital Kolkata is the largest city of this region. The Kolkata Metropolitan Area is the country's third largest. The states of Odisha and West Bengal share some cultural and linguistic characteristics with Bangladesh and with the state of Assam.. Bengali is the most spoken language of this region and it is also the second most spoken language in India after Hindi. Odia is the only language in east India accorded the status of a Classical Language of India. Together with Bangladesh, West Bengal formed the ethno-linguistic region of Bengal before partition in 1947. The historic region of Bengal which was ruled by Nawabs of Bengal comprises the present, West Bengal, Bihar, Jharkhand and Bangladesh from where the British started their conquest of India. Modern days Odisha in ancient time know as Kalinga, Utkala and ruled by indigenous mighty rulers of Mahameghavahana dynasty, Eastern Ganga dynasty and Gajapati Dynasty.